Yucan Update
The events in the whole of last week were nothing more than a disappointment for our communities as well as our team. We had encountered various unforeseen technical challenges which created unequal participation for our communities whether during the pre-sales and/or launching the liquidity pool for yield farming. Many of you had also highlighted the issues to us and unfortunately, our technical team were unable to resolve in a timely manner. We apologize for the inconvenience caused and will appreciate your support to rebuild the community with us. Together as one family.
Yucan Foundation has decided to carry out a full internal audit of the system to ensure the structure, code and intact. As a positive note, we have uncovered nothing due to any fraud or deliberate sabotage so far. We are continuing our effort to complete the investigation. We are also seeking external auditors to review our master contract.
Our mission of the project is to disrupt the fragmented loyalty industry and bringing the SILO loyalty programs in the eco-system and to connect consumers and businesses together to promote collaboration and synergy. The loyalty industry is expanding rapidly and it is more so crucial to have an eco-system to address this real-life issue. We have detailed our finding and methodology on our website Yucan.io and our white paper.
We appeal to you to join us once again to participate in our relaunch within the next few days as we truly believe our project intend and objective is real and impact the lifestyle of many globally. Do continue to follow us via our Twitter: https://twitter.com/SwapYucan and Telegram: https://t.me/YuCanSwap for the latest update.
We will also be speaking at the Block Live Asia webinar on 9th December to talk about the project and we hope you can attend to listen to us and ask any question.
Join us in our journey to empower the DeFi and Loyalty points industry as we prepare for Yucan.io mainnet launch in 2021. Thank you for your support and welcome onboard the Yucan Family!
YucanSwap Website
YucanSwap Twitter
Article by Raymond Chin & Nadhir A. Rahman
